Industry

Fiduciary Trust Co. International continued its aggressive hiring spree, adding Mary Davey and Lisa Marcus as senior relationship manager and business development officer, respectively.

Financial services companies have added some 2,000 jobs since layoffs peaked in February of this year, The New York Times reports. And while it may seem as if Wall Street jobs took the biggest hit in the recession, the industry has actually been pretty resilient. Since June 2008, jobs in financial services have dropped by 8.5%. By comparison, construction jobs decreased by 22%, and manufacturing employment fell 14%.

Griffith and Grubb “upgrade” sales management in Fifth Third’s Midwest footprint while Woods breaks ground in its southern territory.

Fiduciary Trust hires Mary Davis as senior account manager and Lisa Marcus as business development officer.

Bank of America Corp. hired two veterans from Fidelity Investments to help continue the expansion of its retirement services operation.

A new analyst at Aite, a series of hirings at Wells Fargo Advisors, and more executive changes.

Samoset Capital Group has snagged John Straus, a former UBS executive, to head one of its subsidiaries.

Rich Linton was hired as head of business retirement solutions and Steve Ulian as head of institutional retirement and benefits solutions, the Charlotte, N.C., banking company said in an internal memo Thursday.

Fieldpoint Private Bank and Trust announced Wednesday that it hired Robert S. Matthews as its president and chief executive.

While using technology, advisors expect aggressive growth over the next five years, according to a Schwab study.